Pony.ai Inc. is looking to raise as much as $195 million from its US initial public offering as automotive-related companies ...

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions ...

Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday.

The authoritarian country is spending billions on international athletics, from Formula 1 to combat sports, to boost its bottom line and image.

Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.

Saudi Arabia's ambitious futuristic city plans have been bogged down by delays and changes. The most recent is the departure ...

The team for the first phase of Saudi Arabia’s ambitious city building project, The Line, is coming together as the country’s ...

The longtime chief executive of Saudi Arabia’s futuristic Neom megacity project has departed from his role, the company announced Tuesday without providing a reason. Long hailed as a city of the ...

Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as scepticism ...

Nadhmi al-Nasr, the long-time chief executive of the $500 billion Saudi development project NEOM launched by Crown Prince ...

Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify ...